Juno Minerals (ASX: $JNO) announces geochemical drilling review results

Juno Minerals Limited (ASX: $JNO) has announced the successful evaluation of the Mount Ida Lithium Prospect, confirming it as a fertile Lithium Caesium and Tantalum (LCT) pegmatite system. The drilling data from both Phase 1 and Phase 2 campaigns have been geochemically modelled, revealing the presence of lithium rich LCT pegmatites away from the granite pluton. The company is currently assessing the next phase of exploration, which may involve soil sampling on a tighter grid to further target lithium rich pegmatites.

Executive commentary on Mount Ida Lithium Prospect evaluation

The evaluation of the drilling data has provided compelling evidence of the fertile nature of the Mount Ida Lithium Prospect. The confirmation of LCT pegmatites, particularly the presence of lithium rich pegmatites away from the granite pluton, is a significant development for our exploration efforts. We are now focused on assessing the next phase of exploration, which will likely involve more detailed soil sampling to enhance our understanding of the prospect's potential. Our approach to exploration remains pragmatic and systematic, aiming for cost-effective methods to uncover the full potential of the Mount Ida region as an emerging area of interest for lithium exploration.

Summary of Mount Ida Lithium Prospect evaluation and outlook

The geochemical evaluation of Phase 1 and Phase 2 drilling at the Mount Ida Lithium Prospect has confirmed the presence of a fertile LCT pegmatite system, with the drilling substantially adding to the prospect's data set. The next phase of exploration, which is currently under assessment, is expected to involve more detailed soil sampling to target lithium rich pegmatites. Juno Minerals remains committed to a pragmatic and systematic approach to cost-effective exploration, aiming to unlock the full potential of the Mount Ida region as an emerging area of interest for lithium exploration.